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Today's Topics:
1. found on the pentesters list; (R. DuFresne)
----------------------------------------------------------------------
Message: 1
Date: Thu, 4 Jun 2009 15:23:09 +0000 (UTC)
From: "R. DuFresne" <dufresne@sysinfo.com>
Subject: [fw-wiz] found on the pentesters list;
To: "'firewall-wizards@honor.icsalabs.com'"
<firewall-wizards@listserv.cybertrust.com>
Message-ID: <Pine.LNX.4.64.0906041522180.6358@darkstar.sysinfo.com>
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Seems relevant to recent discussions here;
- ---------- Forwarded message ----------
From: security curmudgeon <jericho@attrition.org>
Date: Jun 3, 2009 7:54 PM
Subject: [Dataloss] Merrick Bank v. Savvis: Analysis of the Merrick
Bank Complaint
To: dataloss-discuss@datalossdb.org, dataloss@datalossdb.org
Merrick Bank v. Savvis: Analysis of the Merrick Bank Complaint
Posted on June 3rd, 2009 by David Navetta
The Merrick Bank v. Savvis lawsuit has the potential to change the
liabilty dynamic of the PCI regulatory system. The Savvis case is one of
the first known instances of a payment card security assessor being sued
by a merchant bank ( the merchant bank is a third party relative to the
Savvis-CardSystems relationship). The Merrick Bank compliant alleges
that it relied on Savvis certification of CardSystems as Visa CISP
compliant (this matter pre-dated the PCI standard), and that
certification
was false. After CardSystems suffered a breach exposing up to 40 million
payment card records, Merrick allegedly incurred $16 million in payments
to the card brands (which was ultimately transferred to issuing banks who
suffered losses arising out of the CardSystem breach).
If Savvis is held liable (or even if this case makes it past motion to
dismiss or a motion for summary judgment) it has the potential to
significantly modify the relative risk of PCI qualified security
assessors, and in turn modify the PCI regulatory scheme. This post
discusses the two theories of liability alleged by Merrick: (1)
negligence; and (2) negligent misrepresentation.
[..]
Thanks,
Ron DuFresne
- --
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